Risk Factors Update Summary
- Labor challenges in recruiting and retaining drivers may necessitate significant pay rate increases.
- Increased union organizing efforts could impact costs, efficiency, and profitability if broad-based.
- Changes in customer concentration: Largest customer's revenue share decreased from 14% to 10%.
- Failure to comply with environmental regulations could lead to substantial fines and penalties.
- Scrutiny on ESG matters may negatively impact investor sentiment, revenues, and stock price.
- Self-insurance for various risks, with potential negative impact on operating results if liabilities exceed coverage.
- Changes in used equipment prices and demand may affect proceeds from sales of assets.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=793074&owner=exclude
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